10-Q Filing

DROR ORTHO-DESIGN, INC. CIK: 1282980 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001387131-21-008428`
Period End Date	20210630
Filing Date	20210812
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	nvnt-10q_063021_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 48 Cash Flow Statement 26 Stockholders Equity 16

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	12.50M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	12.50M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$322.03K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$431.71K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$251.29K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$374.30K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivables - related party	`AccountsReceivableRelatedPartiesCurrent`	-	USD	Point-in-time
Accounts receivables - related party	`AccountsReceivableRelatedPartiesCurrent`	$485.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.04K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$251.78K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$328.07K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	202.31M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	202.31M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$251.78K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$328.07K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	202.31M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	202.31M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$702.67K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$711.24K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$711.24K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$702.67K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$711.24K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$702.67K	USD	Point-in-time
Preferred stock, $0.0001 par value; 12,500,000 shares authorized, 0 shares issued and outstanding as of June 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 12,500,000 shares authorized, 0 shares issued and outstanding as of June 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 500,000,000 shares authorized, 202,308,728 shares issued and outstanding as of June 30, 2021 and December 31, 2020	`CommonStockValue`	$20.23K	USD	Point-in-time
Common stock, $0.0001 par value; 500,000,000 shares authorized, 202,308,728 shares issued and outstanding as of June 30, 2021 and December 31, 2020	`CommonStockValue`	$20.23K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$41.06M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$41.06M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.45M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.54M	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-206.61K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-459.46K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-257.00K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-422.10K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-374.60K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-288.57K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$328.07K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$251.78K	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$1.66K	USD	2 Qtrs
Revenue	`Revenues`	$460.00	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	$1.00K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$12.42K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$40.11K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$33.93K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$8.91K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$52.48K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$42.69K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$22.60K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$25.34K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$37.77K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$82.80K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$31.51K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$86.41K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-84.76K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-81.80K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-31.51K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-37.31K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$60.00	USD	1 Quarter
Interest expense, net	`InterestExpense`	$166.00	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$52.00	USD	1 Quarter
Interest expense, net	`InterestExpense`	$105.00	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-52.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-166.00	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-105.00	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-60.00	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-81.96K	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-31.57K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-84.86K	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-37.36K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-84.86K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-37.36K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.96K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-31.57K	USD	1 Quarter
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.31M	shares	1 Quarter
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.31M	shares	2 Qtrs
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.31M	shares	1 Quarter
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.31M	shares	2 Qtrs

Cash Flow Statement 26 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-84.86K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-37.36K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.96K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-31.57K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.05K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-6.04K	USD	2 Qtrs
Accounts receivables	`IncreaseDecreaseInAccountsReceivable`	$485.00	USD	2 Qtrs
Accounts receivables	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$22.50K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.57K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInContinuingOperations`	$-70.74K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInContinuingOperations`	$-57.41K	USD	2 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-57.41K	USD	2 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-70.74K	USD	2 Qtrs
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$322.03K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$431.71K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$251.29K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$374.30K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$322.03K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$431.71K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$251.29K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$374.30K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$105.00	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$166.00	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balances, December 31, 2019	`StockholdersEquity`	$-206.61K	USD	Point-in-time
Balances, December 31, 2019	`StockholdersEquity`	$-459.46K	USD	Point-in-time
Balances, December 31, 2019	`StockholdersEquity`	$-257.00K	USD	Point-in-time
Balances, December 31, 2019	`StockholdersEquity`	$-422.10K	USD	Point-in-time
Balances, December 31, 2019	`StockholdersEquity`	$-374.60K	USD	Point-in-time
Balances, December 31, 2019	`StockholdersEquity`	$-288.57K	USD	Point-in-time
Net Loss for the Six Months	`NetIncomeLoss`	$-84.86K	USD	2 Qtrs
Net Loss for the Six Months	`NetIncomeLoss`	$-37.36K	USD	1 Quarter
Net Loss for the Six Months	`NetIncomeLoss`	$-81.96K	USD	2 Qtrs
Net Loss for the Six Months	`NetIncomeLoss`	$-31.57K	USD	1 Quarter
Balances, June 30, 2020	`StockholdersEquity`	$-206.61K	USD	Point-in-time
Balances, June 30, 2020	`StockholdersEquity`	$-459.46K	USD	Point-in-time
Balances, June 30, 2020	`StockholdersEquity`	$-257.00K	USD	Point-in-time
Balances, June 30, 2020	`StockholdersEquity`	$-422.10K	USD	Point-in-time
Balances, June 30, 2020	`StockholdersEquity`	$-374.60K	USD	Point-in-time
Balances, June 30, 2020	`StockholdersEquity`	$-288.57K	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.